Key Information
- NIA: 2,518 sq ft / GIA: 3,006 sq ft
- Located within a popular suburb with prominent visibility from Mansfield Road
- Former restaurant with land to the rear, suitable for residential conversion/redevelopment (subject to requisite consents)
- Offer sought in region of £325,000.
The property comprises of a semi-detached former restaurant set under a slate tiled pitched roof. The ground floor consists of open plan seating areas to the front along with a room formerly used as a commercial kitchen to the rear. The first floor provides a further seating, a area managers office and currently has 4 WCs in place. The second floor consists of two rooms and currently has a shower and sink in situ. There is also a basement consisting of cellular rooms that have been used for storage by the previous occupier. Externally, the property enjoys a dedicated forecourt that can be used for vehicle parking, along with an extensive garden plot to the rear of the property that can be accessed via the side road Burnham Street, this access point is currently gated.
Location
The property is located on the corner of Mansfield Road (A60) and Burnham Street, on the periphery of Nottingham city centre within an established residential and commercial area. Mansfield Road (A60) is a principal arterial route providing access to Junction 26 of the M1 motorway located c.4.5 miles northwest. The property benefits from excellent transport links with several bus routes running into and out of the city along Mansfield Road. Nearby occupiers along Mansfield Road consits of a number of independent boutique shops along with national occupiers including Sainsbury's, The Gym Group and Wetherspoons.
VAT
It is to be confirmed whether VAT will be applicable at the prevailing rate.
Rates
From enquiries of the Valuation Office Agency (VOA) website we understand the business rates are as follows: Rateable Value: 2024/2025: £10,250 Indicative Rates payable 2024/2025: £5,114.75 Please note some parties may benefit from small business rates relief and be exempt from paying any business rates. (This information is given for guidance purposes only and prospective tenants are advised to make their own enquiries with the VOA)
EPC
Available from the agents.
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
The above measurements are quoted on a Net Internal basis in accordance with the RICS Property Measurement Second Edition. The Gross Internal Area of the property is 3,006 sq ft. All parties are advised to carry out their own measured survey.
Planning
We understand the property benefits from planning consent for the following uses: Class E (Commercial, Business and Services use). Making the premises suitable for uses such as a shop, cafe, restaurant, office, clinics, health centre and day nurseries. The property maybe suitable for alternative uses such as residential, subject to requisite consents. (This information is given for guidance purposes only and parties are advised to confirm with the council).
Viewing
Viewings are by appointment with sole agents Innes England